4//SEC Filing
Gharib Samir M. 4
Accession 0001533302-25-000007
CIK 0001683553other
Filed
Dec 11, 7:00 PM ET
Accepted
Dec 12, 7:05 PM ET
Size
16.9 KB
Accession
0001533302-25-000007
Insider Transaction Report
Form 4
Gharib Samir M.
PRESIDENT AND CFO
Transactions
- Exercise/Conversion
Common Stock
2025-12-10+514→ 6,580 total - Tax Payment
Common Stock
2025-12-10$85.67/sh−184$15,763→ 6,396 total - Exercise/Conversion
Common Stock
2025-12-11+1,900→ 8,296 total - Tax Payment
Common Stock
2025-12-11$88.41/sh−680$60,119→ 7,616 total - Exercise/Conversion
Restricted Stock Units
2025-12-10−514→ 1,539 totalExercise: $0.00→ Common Stock (514 underlying) - Award
Restricted Stock Units
2025-12-11+7,600→ 7,600 totalExercise: $0.00→ Common Stock (7,600 underlying) - Exercise/Conversion
Restricted Stock Units
2025-12-11−1,900→ 5,700 totalExercise: $0.00→ Common Stock (1,900 underlying)
Footnotes (3)
- [F1]On March 14, 2024, the Reporting Person was granted a total of 2,053 RSU's. Subject to the Reporting Person's Continuous Service (as defined in the Issuer's 2020 Equity Incentive Plan) as of each such vesting date, 25% of the total number of RSUs vested on December 10, 2025, the first anniversary of the achievement of a specified clinical development objective. 25% of the total number of the RSUs will vest on each of the second, third and fourth anniversaries of such achievement. On December 10, 2025, 514 shares vested and 184 shares were withheld for taxes, resulting in a net issuance of 330 shares.
- [F2]Each RSU represents a contingent right to receive one share of SPRB common stock.
- [F3]25% of the total number of RSUs vested on grant. 25% of the total number of RSUs will vest on December 15, 2026, December 15, 2027 and December 15, 2028, subject to the Reporting Person's Continuous Service (as defined in the Issuer's 2020 Equity Incentive Plan) as of each such vesting date. On December 11, 2025, 1,900 shares vested and 680 shares were withheld for taxes, resulting in a net issuance of 1,220 shares.
Documents
Issuer
SPRUCE BIOSCIENCES, INC.
CIK 0001683553
Entity typeother
Related Parties
1- filerCIK 0001533302
Filing Metadata
- Form type
- 4
- Filed
- Dec 11, 7:00 PM ET
- Accepted
- Dec 12, 7:05 PM ET
- Size
- 16.9 KB